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House Prices in SM7

The average house price in SM7 (Banstead) is £642,937 using HM Land Registry data.

The average property price increased by £77,060 (12.38%) over the last 5 years and increased by £15,405 (2.25%) over the last 12 months.

Over the last year, there were 214 residential property sales – a decrease of 20 transactions (-9.35%) relative to the previous year. The majority of house sales (46) were in the £300,000 - £452,000 range. Then came properties in the £604,000 - £756,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,267 (-2%).

In Nov 2025, there were 23 new estate agency instructions, 20 agreed home sales and 16 property price reductions.

5-Year Average Property Prices in SM7 (Banstead)

12.38%

Property prices in SM7 (Banstead) increased by 12.38% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in SM7 (Banstead) Over the Last Year

2.25%

Property prices in SM7 (Banstead) increased by 2.25% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for SM7 (Banstead) - Nov 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in SM7 (Banstead)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in SM7 (Banstead)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in SM7 (Banstead)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the SM7 (Banstead) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SM7 postcode area since 1995.

Recent Sales in SM7 (Banstead)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
32 The Driftway, Banstead, SM7 1LX	£585,000	£585,000	£0	02 Jul 2025	15 Dec 2025	166 Days
8 Parsonsfield Close, Banstead, SM7 1JT	£550,000	£545,000	-£5,000	12 Sep 2025	10 Dec 2025	89 Days
Flat 13, Forge Steading, Salisbury Road, Banstead, SM7 2DT	£365,000	£336,000	-£29,000	17 Feb 2025	05 Dec 2025	291 Days
44 Dulverton, Yewlands Close, Banstead, SM7 3DB	£1,250,000	£1,200,000	-£50,000	02 Apr 2025	05 Dec 2025	247 Days
19 Great Ellshams, Banstead, SM7 2BA	£825,000	£775,000	-£50,000	30 May 2025	05 Dec 2025	189 Days
19 Lakers Rise, Banstead, SM7 3JX	£575,000	£570,000	-£5,000	02 Jul 2025	28 Nov 2025	149 Days
42 Chipstead Way, Banstead, SM7 3JP	£585,000	£585,000	£0	11 Mar 2025	28 Nov 2025	262 Days
Flat 9, 6 Pegasus Court, Bolters Lane, Banstead, SM7 2AR	£300,000	£280,000	-£20,000	14 Apr 2025	27 Nov 2025	227 Days
17 Court Road, Banstead, SM7 2PG	£875,000	£870,000	-£5,000	20 Jan 2025	21 Nov 2025	305 Days
146 Winkworth Road, Banstead, SM7 2QT	£725,000	£725,000	£0	04 Aug 2025	20 Nov 2025	108 Days
190 Chipstead Way, Banstead, SM7 3JU	£525,000	£497,500	-£27,500	02 Jul 2025	19 Nov 2025	140 Days
Flat 12, 98 100 Century House, High Street, Banstead, SM7 2NN	£259,960	£235,000	-£24,960	29 Jul 2025	14 Nov 2025	108 Days
Scenic House, Wilmot Way, Banstead, SM7 2PY	£880,000	£875,000	-£5,000	29 Aug 2025	14 Nov 2025	77 Days
26 Salisbury Road, Banstead, SM7 2DR	£650,000	£640,000	-£10,000	17 Jan 2025	13 Nov 2025	300 Days
154 Warren Road, Banstead, SM7 1LB	£900,000	£900,000	£0	26 Sep 2025	31 Oct 2025	35 Days
7 The Driftway, Banstead, SM7 1LX	£600,000	£585,000	-£15,000	30 Apr 2025	27 Oct 2025	180 Days
53 Prestbury Crescent, Banstead, SM7 3PJ	£585,000	£575,000	-£10,000	14 Feb 2025	23 Oct 2025	251 Days
112 Winkworth Road, Banstead, SM7 2QR	£685,000	£685,000	£0	27 Feb 2025	17 Oct 2025	232 Days
1 Garratts Lane, Banstead, SM7 2DZ	£750,000	£705,000	-£45,000	09 Apr 2025	16 Oct 2025	190 Days
10 The Tracery, Banstead, SM7 3DD	£585,000	£570,000	-£15,000	26 Jun 2025	10 Oct 2025	106 Days

Most Expensive Streets in SM7 (Banstead)

Postcode	Street	Area	Average	No. of Sales
SM7 1PF	Higher Drive	Banstead	£1,633,333	3
SM7 1PL	Higher Drive	Banstead	£1,467,000	3
SM7 1RB	Banstead Road	Banstead	£1,411,333	3
SM7 1PS	Higher Drive	Banstead	£1,383,750	4
SM7 1PQ	Higher Drive	Banstead	£1,344,000	5
SM7 3HG	Cunningham Road	Banstead	£1,333,333	3
SM7 2BJ	Kenilworth Close	Banstead	£1,289,000	3
SM7 3AX	Keystone Close	Banstead	£1,278,750	4
SM7 3RG	Beechfield	Banstead	£1,260,333	3
SM7 3HF	Chalmers Road	Banstead	£1,210,000	4

Least Expensive Streets in SM7 (Banstead)

Postcode	Street	Area	Average	No. of Sales
SM7 2PT	Lyme Regis Court, Lyme Regis Road	Banstead	£161,150	5
SM7 2HU	Pound Road	Banstead	£220,000	4
SM7 2BZ	Dunnymans Road	Banstead	£238,000	4
SM7 2NN	High Street	Banstead	£241,000	3
SM7 1RW	Eastgate	Banstead	£283,000	3
SM7 2JA	Briarwood, High Street, Banstead	Banstead	£287,500	6
SM7 2FE	Elizabeth House, Elizabeth Drive	Banstead	£297,000	13
SM7 1RR	Lancaster Court	Banstead	£299,075	4
SM7 2AH	Palmerston House, Basing Road	Banstead	£305,000	3
SM7 3NE	Stafford Court, Kingscroft Road	Banstead	£307,500	3